Bank Of Baku

Baku Sigorta sees 7% decline in premium

Baku Sigorta sees 7% decline in premium
# 15 October 2010 13:41 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Baku Sigorta Insurance Company earned AZN 1.980 mln insurance premium, in January-September, 2010, down 7.3% compared with a year ago.

According to company te payments on insurance risks decreased by 43.2% to AZN 579.123 thousand.

Most of premium came from Vehicle insurance (AZN 878.526 thousand), Health Insurance (AZN 429.830) and Fire compulsory insurance (AZN 265.661 tyousand).

Baku Sigorta has been in operation since 2007. The company operates 26 insurance types.


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